Mineral Rights

Mineral Rights can be described as the unseen value associated with a tract of land. If mineral rights are severed, i.e. the process of separating mineral rights from the surface rights, a new and separate chain of title for the mineral rights begins. Oil and gas rights that have been separated are valued based on production of a well. As with other assets, royalty rights come with a tax liability. County Ad Valorem Tax is levied on producing wells to both Royalty and mineral owners. They are billed and collected once a year.

DTE Form 6A
If the Operator of the Oil and Gas Well pays the full amount of taxes assessed against the property, including taxes assessed against all royalty interest, the DTE Form 6A must be completed and filed with the Cuyahoga County Fiscal Department annually by June 30th ( for the year completed December 31).

DTE Form 6
If the operator does not pay all taxes assessed against all interests, the operator must file DTE Form 6 which requires a listing of all royalty interests. The DTE form 6 must be completed and filed with the Cuyahoga County Fiscal Department annually by June 30th (for the year completed December 31).

For more detailed information please call the Cuyahoga County Fiscal Department’s Appraisal Division at 216-443-8141.